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Mint Kolkata

ArcelorMittal, SA near funding deal

South Africa is nearing a deal to provide funding to ArcelorMittal SA's local unit and ensure its steel mills, which are crucial for the nation's economy, remain open, people with knowledge of the matter said.

1 min  |

March 20, 2025

Mint Kolkata

The World Bank, IMF, and Fed May All Be in Trump's Line of Fire

Financial markets would react badly to institutional instability, but he might injure them anyway

3 min  |

March 20, 2025

Mint Kolkata

Remittances from advanced economies rise: RBI bulletin

The share of inward remittances from advanced economies, including the US and the UK, has risen, surpassing that of Gulf economies in 2023-24, reflecting a shift in the migration pattern towards skilled Indian diaspora, said the RBI's March bulletin released on Wednesday.

1 min  |

March 20, 2025

Mint Kolkata

Happiest Minds appoints new CEO

Happiest Minds Technologies Ltd has appointed its software products head Joseph Anantharaju as its chief executive officer (CEO), marking a shift from having executive board members and presidents lead its various business units.

1 min  |

March 20, 2025

Mint Kolkata

Cabinet Clears ₹1,500 Crore Incentive for UPI Ecosystem

Approvals also accorded for new fertilizer plant, highway, and revised dairy schemes

2 min  |

March 20, 2025

Mint Kolkata

ENGIE Eyes Power Pacts and Energy Trading in India

French low-carbon energy and services company ENGIE is looking at corporate power purchase agreements, bilateral pacts and power trading in India through its supply & energy management operations.

1 min  |

March 20, 2025

Mint Kolkata

IndiGo Set To Raise International Seats

IndiGo plans to significantly increase the number of seats it allocates for international flights by fiscal year 2030 to secure greater market share, it said on Wednesday.

1 min  |

March 20, 2025

Mint Kolkata

Unlocking global markets: How to diversify with PMS

If you hit the MF overseas cap, portfolio management services could be your next global bet

4 min  |

March 20, 2025

Mint Kolkata

JCB Continues to Contribute to Infrastructure Development in India

When we think of successful international companies that operate in India, we tend to think of Google, Microsoft, and SAP, for example, with their various high-tech bases in Bengaluru or Hyderabad.

3 min  |

March 20, 2025

Mint Kolkata

IIHL takes control of Reliance Capital

IndusInd International Holdings Ltd (IIHL) on Wednesday took control of Reliance Capital (RCap), completing a three-year resolution process after paying off the debt-ridden firm's lenders.

1 min  |

March 20, 2025

Mint Kolkata

Philippines Wants to Add India to Squad

The Philippines and its allies are trying to expand the Squad grouping of nations to include India and South Korea to counter China in the Indo-Pacific region, the Philippines' armed forces chief General Romeo S. Brawner said on Wednesday.

1 min  |

March 20, 2025

Mint Kolkata

Second day of raids on media giants

India's antitrust officers grilled media executives and seized data in an investigation into price fixing by global advertising agencies GroupM, Interpublic, Publicis and Dentsu, with raids continuing well past midnight into a second day on Wednesday, people familiar with the matter said.

1 min  |

March 20, 2025

Mint Kolkata

Impose 12% safeguard duty on steel: DGTR

The Directorate General of Trade Remedies (DGTR) has called for levying a 12% safeguard duty on imports of select steel products, after it found a substantial rise in the quantity of the alloy being pushed into the country, hurting local manufacturers by eating into their market share, reducing their profitability, and causing underutilization of production capacity.

1 min  |

March 20, 2025

Mint Kolkata

India, Canada see thaw in relations, mull high commissioner postings

India and Canada have resumed contacts between security agencies and are eyeing the possibility of appointing new high commissioners, paving the way for a reset of diplomatic ties after the storm over the 2023 killing of Khalistani separatist Hardeep Singh Nijjar, people familiar with the matter said.

2 min  |

March 20, 2025
Mint Kolkata

Mint Kolkata

Now, CXO hires keep India Inc. guessing

CXO dropouts are frustrating because the lengthy process has to start from scratch, delaying the company's plans. Headhunters are annoyed, too, since they get paid only if the candidate joins and works for a fixed minimum period.

2 min  |

March 19, 2025
Mint Kolkata

Mint Kolkata

Trump team explored simplified plan for reciprocal tariffs

Mexico would wait until April 2 and then decide whether to impose retaliation to Trump's tariffs, Sheinbaum said

3 min  |

March 19, 2025

Mint Kolkata

Zudio, Trent's greatest strength, may also be its biggest weakness

Trent Ltd, the parent firm of well-known brands such as Westside and Zudio, has been one of the fastest-growing companies in India's retail sector over the past five years, with its stock having surged about 935% since the start of the pandemic in March 2020.

2 min  |

March 19, 2025
Mint Kolkata

Mint Kolkata

Coming: Storm in the Superbike Teacup

They're ridden by one-percenters and make up just 0.4% of India's motorcycle market. Trump could change that.

7 min  |

March 19, 2025
Mint Kolkata

Mint Kolkata

WHY US MARKET MAY NO LONGER BE THE BEST GLOBAL BET FOR INDIAN INVESTORS

Indian investors have long focused on the US for global diversification and for good reason. Over the past decade, US equities outperformed, delivering over 19% compund annual growth rate (CAGR) in USD, driven by a booming tech sector.

2 min  |

March 19, 2025
Mint Kolkata

Mint Kolkata

Sebi's new settlement process under fire

Lawyers hired for settlement proceedings say the data shows slower resolution of the growing cases before Sebi

2 min  |

March 19, 2025
Mint Kolkata

Mint Kolkata

Why this state-run lender is courting lower-rated clients

With few 'AAA' and 'AA' firms, banks must tap lower-rated borrowers to grow, said a rating agency analyst

2 min  |

March 19, 2025
Mint Kolkata

Mint Kolkata

Still figuring out how AI will move through the economy

Chatterji agrees that AI's pace of change is much faster than that of previous technological revolutions

2 min  |

March 19, 2025

Mint Kolkata

Sebi's options move raises market fears

Brokers, proprietary desks and institutional traders are fretting over a recent regulatory proposal that they fear will reduce liquidity and raise trading costs in India's derivatives market.

2 min  |

March 19, 2025
Mint Kolkata

Mint Kolkata

Israeli strikes across Gaza kill over 300 Palestinians and shatter ceasefire

Israeli PM ordered the strikes after Hamas refused demands to change the ceasefire deal

4 min  |

March 19, 2025

Mint Kolkata

Supertails eyes Blue 7 to expand petcare footprint

Petcare startup Supertails is in talks to acquire Blue 7 Vets, a multi-specialty veterinary clinic, as part of its strategy to expand its offline presence, two people familiar with the matter told Mint.

1 min  |

March 19, 2025

Mint Kolkata

Is the capital gains tax to blame for the foreign-investor exodus?

It's being offered as an explanation to justify past stories gone wrong but is weak as an argument

3 min  |

March 19, 2025
Mint Kolkata

Mint Kolkata

All-robot assault opens new chapter in front-line warfare

In a snowy forest not long after dawn, a four-wheeled drone churned through the mud toward its target: a Russian bunker, where it eventually arrived and exploded.

4 min  |

March 19, 2025

Mint Kolkata

Bajaj: No cheer from Allianz deal

The Bajaj Group and Allianz SE are parting ways after 24 years. Bajaj will buy Allianz's 26% stake in its insurance business: Bajaj Allianz General Insurance Co. Ltd and Bajaj Allianz Life Insurance Co. Ltd.

2 min  |

March 19, 2025

Mint Kolkata

E-commerce aggregator 10Club nearing bankruptcy

For the past 6 months, vendor payments have stalled and employees face delayed, partial pay

3 min  |

March 19, 2025

Mint Kolkata

Best Street Race in Over a Month Sees All Join In

Large-caps, smids rise, as foreign, local investors see value at low levels

3 min  |

March 19, 2025